标题： 货币政策与种族工资差距 显示英文标题

标题： Monetary policy and the racial wage gap

摘要： 本文旨在阐明货币政策冲击与工资不平等之间的关系。 我们强调了组内和组间工资不平等在解释美国总工资不平等中的相关性。 基于2000年至2020年的季度数据，我们的分析表明，种族差异解释了观察到的总工资不平等的12%。 随后，我们考察了货币政策在工资不平等中的作用。 我们没有发现有说服力的证据表明货币政策在加剧种族工资差距中起作用。 然而，有证据表明宽松的货币政策在放大组间工资不平等中起作用，但这种影响发生在2008年之后。 显示英文摘要

摘要： This paper aims to clarify the relationship between monetary policy shocks and wage inequality. We emphasize the relevance of within and between wage group inequalities in explaining total wage inequality in the United States. Relying on the quarterly data for the period 2000-2020, our analysis shows that racial disparities explain 12\% of observed total wage inequality. Subsequently, we examine the role of monetary policy in wage inequality. We do not find compelling evidence that shows that monetary policy plays a role in exacerbating the racial wage gap. However, there is evidence that accommodative monetary policy plays a role in magnifying between group wage inequalities but the impact occurs after 2008.